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  1. Fast-food chains raise prices as inflation bites

    Posted Nov 30th 2011, 12:00am

    ... Anita Lam anita.lam@scmp.com Two of the city's biggest fast-food chains yesterday said they will raise prices by 2 to 5 per cent in the next four months as inflation ... gain from property sales last year that inflated its profit in the previous period, it would have been a 5.7 per cent increase of net profit. Nevertheless, rising costs still drove down its ...

  2. Mainland inflation slows, but even more cooling measures expected

    Posted May 12th 2011, 12:00am

    ... Cary Huang in Beijing Consumer inflation on the mainland eased in April due to moderating food prices. But economists said inflation was still higher than expected, putting pressure ... China's policymakers to continue normalising overall monetary conditions, as the consumer price index (CPI) inflation rate is expected to stay elevated in the coming months. 'While the recent ...

  3. More economic tightening likely as inflation 'tiger' strains on leash

    Posted Apr 12th 2011, 12:00am

    ... Denise Tsang China's rare trade deficit in the first quarter underlined thriving growth but also the rising problem of inflation, which could portend more economic tightening ... with economists' forecast of a 23 per cent growth and imports increased 27.3 per cent, higher than the expected 20.6 per cent growth. Most of the growth in the imports bill came from sharp inflation ...

  4. DAB seeks HK$30b transport fund to ease inflation burden

    Posted Dec 13th 2010, 12:00am by Staff Reporter

    ... And pay rises for most workers cannot keep up with inflation. With this fund, all users of public transport will benefit.' The party urged the government to subsidise households with up to HK$3,600 each for electricity, and HK$500 million for volunteer agencies to buy food for the needy. Year-on-year inflation stood at 2.6 per cent in October. The government revised upwards its 2010 ...

  5. Lunar New Year price rises push inflation to 13-month high

    Posted Mar 23rd 2010, 12:00am by Dennis Eng

    ... Dennis Eng Inflation edged up almost 2 per cent over the first two months of this year as the Lunar New Year holiday pushed up consumer prices 2.8 per cent in February, the most in 13 months, government data shows. Last month's year-on-year price increase was up from January's 1 per cent rise, while the underlying inflation rate also jumped 1.6 per cent from almost ...

  6. Inflation eating up profits of developers, says expert

    Posted Jul 02nd 2008, 12:00am by Peggy Sito

    ... investment advisory and hedge fund manager LIM Asia. He added that Hong Kong developers would also be hit if soaring inflation in the city continued. His concerns came as consumer prices were racing ahead by more than 20 per cent from a year earlier in Vietnam and by more than 8 per cent in China and Indonesia. In Singapore inflation is at a 26-year high and India is also seeing inflation ...

  7. Inflation of 3.4pc the highest in nine years

    Posted Dec 21st 2007, 12:00am by Staff Reporter

    ... Ng Kang-chung Hong Kong's inflation was 3.4 per cent last month - the highest in more than nine years - after rising to 3.2 per cent in October, as imported food, fuel and housing rental costs continued to rise. It was the highest composite consumer price index since June 1998, when inflation was 4 per cent. Hong Kong then fell into a period of deflation because ...

  8. Consumer confidence falls on rising inflation

    Posted Aug 15th 2008, 12:00am by Dennis Chong

    ... Dennis Chong Hongkongers are tightening their purse strings as consumer confidence has plunged to a near three-year low amid rising inflation, a survey indicates. Although personal income ... for the best deals, the value of retail sales is still increasing because of inflation. Hongkongers now buy more frozen meat, despite their fondness for fresh food, and opt for regular soy sauce ...

  9. 1.9pc inflation eases pressure on rates

    Posted Feb 23rd 2005, 12:00am by Staff Reporter

    ... of between 2 and 2.3 per cent after the inflation benchmark climbed a year-on-year 2.4 per cent in December. Inflationary pressure has been easing since hovering around a seven-year high of 5.3 per ... in January last year. A drop in food prices- due to good harvests- contributed to the moderation of the inflation rate as food accounts for up to 40 per cent of the country's CPI. Grain prices ...

  10. Hot money invokes spectre of rising inflation

    Posted May 07th 2005, 12:00am by Enoch Yiu

    ... Enoch Yiu Hong Kong Monetary Authority chief executive Joseph Yam Chi-kwong yesterday raised the spectre of rising inflation and warned that measures might be needed to stop the flow of hot money. Mr Yam predicted a 2.5 per cent year-on-year increase of consumer prices this year, higher than the 1.5 per cent inflation forecast by the government. To stem inflationary ...




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